Example Rental

Class B-, built in the mid 1980s, we did some internal modernizing and a new roof

Return to Track Record

4954 S Germantown Rd Memphis, Tennessee 38141

3 Beds
2.0 Baths
1,643 Sqft
0.34% Cash on Cash

Cost & Income

Purchase Price: $215,319

Renovation Costs: $25,993

Development Fee: $3,500

Total Basis: $244,812

Purchase Date: 06/24/22

Date Rented -1362 days

Gross Rent: $1,395/mo

Vacancy (5.00%): ($6)

Property Mgmt (7.50%): ($105)

Other Expenses: ($514)

Net Operating Income: $770/mo

Cap Rate: 3.78%

Levered Cash Return
Not including any appreciation

Appraised Value: $184,000

Loan (75% LTV): $138,000

LTC %: 56%

Cash In: $106,812

Yield on Cash: 2.20%

Net Operating Income: $9,246

Debt Service (P&I): ($8,887)

Cash Flow 0.34%: $358

Principal Paydown 1.86%: $1,987

Total Income: $2,346

4954 S Germantown Rd

Estimated Value: $184,000

Value Over Cost: $-60,812

Initial Capital Gain: -24.84%

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